Following are the merchandising transactions for Dollar Store Nov. 1 Dollar Store purchases merchandise for $2,900 on terms of 2/5, 1/30, on shipping point, invoice dated November 1. 5 Dollar Store pays cash for the November 1 purchase. 7 Dollar Store discovers and returns $100 of defective merchandise purchased on November 1, and paid for on November 5, for a cash refund. 10 Dollar Store pays $145 cash for transportation costs for the November 1 purchase. 13 Dollar Store sells merchandise for $3,132 with teres n/30. The cost of the merchandise is $1,566. 16 Merchandise is returned to the Dollar Store from the November 13 transaction. The returned itres are priced at $215 and cost $108; the items were not damaged and were returned to inventory. Journalize the above merchandising transactions for the Dollar Store assuming it uses a perpetual inventory system and the gross method. View transaction list Journal entry worksheet 1 2 3 5 6 7 8 Dollar Store purchases merchandise for $2,900 on terms of 2/5, 1/30, FOB shipping point, invoice dated November 1. Note: Enter debits before credits General Journal Debit Credit Date Nov 01 ITSE NOTTUR cost $10 the items were not damaged and were returned to inventory. Journalce the above merchandising transactions for the Dollar Store assuming it uses a perpetual inventory system and the gross method View transaction ist Journal entry worksheet 1 5 Dollar Store purchases merchandise for $2,900 on terms of 2/5, 1/30, FOB shipping point, invoice dated November 1 Noter Enter debit before credit Nov 01 Record entry Clear entry View general journal cost $10, the items were not damaged and were returned to inventory. Journalize the above merchandising transactions for the Dollar Store assuming it uses a perpetual inventory system and the gross method View transaction list Journal entry worksheet 1 3 4 5 6 7 8 Dollar Store pays cash for the November 1 purchase Note: Enter debits before credits hobit Nov 05 Record entry Clear entry View general journal TU cost fles; the item w mot damaged and were returned to inventory. Journalize the above merchandising transactions for the Dollar Store assuming it uses a perpetual inventory system and the gross method View transaction lit Journal entry worksheet 1 5 Dollar Store discovers and returns $100 of defective merchandise purchased on November 1, and paid for on November 5, for a cash refund. Note: Enter debits before credits. Nov 07 Record entry Clear entry View general journal cost $10 th were met de andre returned to inventory Journalize the above merchandising transactions for the Dollar Store assuming it uses a perpetuat inventory system and the stron method View transaction list Journal entry worksheet 5 3 Dollar Store pays $145 cash for transportation conts for the November 1 purchase. Noter Enter debits before credits Nov 10 Record entry Clear entry View general journal Tenure TULFO OUR Sure T W ramacThere are a cost $18; the items were not damaged and were returned to inventory. Journalize the above merchandising transactions for the Dollar Store assuming it uses a perpetual inventory system and the gross method. View transaction list Journal entry worksheet 1 2 3 4 5 7 8 The cost of the merchandise is $1,566. Note: Enter debits before credits Debit Credit Date General Journal Nov 13 View general Journal Clear entry Record entry Tornar recur cost $100, the items were not damaged and were returned to inventory. Journalize the above merchandising transactions for the Dollar Store assuming it uses a perpetual inventory system and the gross method View transaction list Journal entry worksheet 2 3 4 1 5 6 Merchandise is returned to the Dollar Store from the November 13 transaction. The returned items are priced at $215. Note: Enter debits before credits Nov 16 View general journal Clear entry Record entry Enabled. Examen Cap 5 y 6 2 anne Yar Y 10 - cast $105; the items were not damaged and were returned to inventory Journalize the above merchandising transactions for the Dollar Store assuming it uses a perpetual inventory system and the gross method View transaction list Journal entry worksheet 7 4 5 3 1 2 The returned items cost $108; the items were not damaged and were returned to inventory. Note: Enter debits before credits Debi Cena Date Nov 16 View general journal Clear entry Record entry
